Tue, September 1

Samsung Sets Up Bitcoin Futures ETFs in the Hong Kong Markets

Hong Kong advances toward Bitcoin adoption in the Asia-Pacific region during crypto winter with a firm move. Significantly, Samsung Asset Management, the investment subsidiary of the tech giant, powers up the city’s crypto mission with the launch of Bitcoin futures ETFs – Samsung Bitcoin Futures Active ETF, on Friday.  Samsung

January 13, 2023 2 mins read

Crypto Market Rallies as U.S CPI For December Falls to 6.5%

The Consumer Price Index for December showed a gain that was in line with expectations, at 6.5%. The December CPI numbers were recently issued by the US Bureau of Labor Statistics. Minutes before the report was released, the cryptocurrency market was modestly positive, with most assets trading in the green.

January 12, 2023 1 min read

El Salvador’s Delegate Represented Bitcoin at Miss Universe

El Salvador’s Miss Universe delegate walks the ramp dressed up as Bitcoin (BTC). The 71st Miss Universe preliminary rounds started on Jan 11th, 2023 in New Orleans. The competition features almost 90 beautiful women from every part of the world. Following the opening night ceremony, the next round of competition

January 12, 2023 2 mins read

El Salvador Passes Legislation Creating Legal Framework For All Crypto

Although substantial use of digital assets already existed in El Salvador. The country’s formal acceptance of a regulatory framework for all cryptocurrencies marks a significant step forward. The legislation was officially enacted today, according to the National Bitcoin Office of El Salvador (ONBTC). In light of its “first-mover advantage.” The

January 12, 2023 1 min read

Investment Management Firm BlackRock Announces Mass Layoff

BlackRock, which manages $10 trillion in assets, is dismissing up to 500 people in a first wave of layoffs since 2019. Even with the layoffs, the company’s worldwide staff of around 18,000 individuals is still very modest. CEO of BlackRock, Larry Fink, wrote a note to workers today announcing the

January 12, 2023 1 min read

Bitcoin (BTC) Trades Above $18K as the Market Turns Green

The crypto market is witnessing bullish trend alarms. And the cryptos are illuminating with green signs everywhere, and the global market value has climbed to 3.87%. Bitcoin, the world’s largest and first cryptocurrency, has broken through numerous critical resistance levels, reaching its highest point since December. And since the beginning

January 12, 2023 2 mins read

‘Running Bitcoin’ Tweet by Developer Hal Finney Completes 14 Years

On January 11, 2009, one of the Bitcoin ecosystem’s early pioneers, Hal Finney, activated a node on his own computer. This day marks the beginning of the Bitcoin era. He made the announcement on Twitter, and the term “Running bitcoin” has subsequently entered popular culture. The genesis block was created

January 11, 2023 1 min read

Bitcoin to Touch $18K Amid ‘Minor Negative’ Market Sentiment?

Despite the threat of Bitcoin hitting $18,000 for the first time since mid-December, Coinshares analysis says that there is only “minor negative sentiment” in the crypto markets. Bitcoin Price Chart (Source: CoinMarketCap) Notably, Bitcoin outflows were just $6.5 million, which indicates that sentiment is “remaining negative.”. According to Coinshares’ recent

January 11, 2023 2 mins read

Grayscale Bitcoin Trust (GBTC) Jumps 12% Despite Ongoing Struggles

On Monday, shares of the struggling Grayscale Bitcoin Trust (GBTC) jumped, bringing the trust’s discount to Bitcoin closer to BTC’s original price. The over-the-counter security saw a price increase of 11.56%, to $9.65, yesterday. As a result, the trust’s discount relative to the NAV of its Bitcoin assets shrank to

January 10, 2023 1 min read